International Paper (INPAP) Operating Expenses (2009 - 2026)

International Paper (INPAP) recorded quarterly Operating Expenses of $943.0 million in Q1 2026, down 27.85% quarter-over-quarter from $1.3 billion in Q4 2025, and down 9.5% on a YoY basis from $1.0 billion in Q1 2025.

International Paper (INPAP) Operating Expenses (2009 - 2026) Analysis & Trends

International Paper's Operating Expenses history runs 18 years deep, the most recent figure standing at $943.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 9.5% year-over-year to $943.0 million; the TTM figure through Mar 2026 stood at $5.1 billion (up 58.78% YoY), while the FY2025 annual figure was $5.2 billion, up 96.28% from the prior year.
  • Operating Expenses was $943.0 million for Q1 2026 at International Paper, down from $1.3 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.8 billion in Q3 2025 to a low of $534.0 million in Q3 2023.
  • Historically, Operating Expenses has averaged $809.6 million across 5 years, with a median of $704.0 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses dropped 21.47% in 2023, then jumped 151.03% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $555.0 million in 2022, then grew by 26.85% to $704.0 million in 2023, then grew by 5.4% to $742.0 million in 2024, then soared by 76.15% to $1.3 billion in 2025, then fell by 27.85% to $943.0 million in 2026.
  • The last three Operating Expenses figures came in at $943.0 million (Q1 2026), $1.3 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn 961.00 Mn
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn 180.30 Mn
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn 943.00 Mn
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn 532.00 Mn
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn 283.00 Mn
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn 375.10 Mn
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn 239.00 Mn
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn 201.54 Mn
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn 109.00 Mn
10 International Paper - - 1.73 Bn 943.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 943.00 Mn
Dec 31, 2025 1.31 Bn
Sep 30, 2025 1.84 Bn
Jun 30, 2025 1.03 Bn
Mar 31, 2025 1.04 Bn
Dec 31, 2024 742.00 Mn
Sep 30, 2024 731.00 Mn
Jun 30, 2024 704.00 Mn
Mar 31, 2024 629.00 Mn
Dec 31, 2023 704.00 Mn
Sep 30, 2023 534.00 Mn
Jun 30, 2023 571.00 Mn
Mar 31, 2023 613.00 Mn
Dec 31, 2022 555.00 Mn
Sep 30, 2022 680.00 Mn
Jun 30, 2022 556.00 Mn
Mar 31, 2022 591.00 Mn
Dec 31, 2021 683.00 Mn
Sep 30, 2021 648.00 Mn
Jun 30, 2021 658.00 Mn